Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Oil Oil-Sands Saudi Arabia Oil Prices 150

Green Car Congress

FEBRUARY 25, 2016

Breakeven prices are hard to pin down, and harder yet because they fluctuate. OPEC governments downsize their budgets, cut social spending and put big projects on hold to lower the breakeven price. But these are just the costs of lifting oil out of the ground. That’s just one opinion, but it’s a poignant one.

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Saudi Arabia Oil Oil-Sands Iraq 150

Cars That Think

AUGUST 29, 2022

Russia ranks second in the extraction of both crude oil (behind the United States and ahead of Saudi Arabia) and natural gas (behind the United States and ahead of Iran), and it is the sixth-largest producer of coal (behind Australia and ahead of South Africa). Here are the basic facts.

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Ukraine Russia Saudi Arabia Fuel 74

Green Car Congress

AUGUST 25, 2016

The official chatter is that the OPEC meeting in Algeria from September 26 to 28 could conclude with an agreement to freeze production by the member nations, with even Russia joining forces in a freeze that may prevent further oil price erosion. The oil-rich nation underestimated the resilience of the U.S. Saudi Arabia.

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Saudi Arabia Iran Algeria Oil Prices 150

Green Car Congress

MARCH 8, 2017

OPEC’s coordinated effort to curtail global supply has so far managed to put a floor under oil prices, which have been sitting modestly above US$50 since the deal was announced at the end of November last year. Analysts and experts are now mostly predicting that oil prices will remain below US$60 this year.

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Oil Prices Saudi Arabia Oil Price 170

Green Car Congress

OCTOBER 31, 2014

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ).

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Russia Oil Saudi Arabia China 225

Green Car Congress

OCTOBER 25, 2015

It may just delay the adjustment for oil markets. “It We think that banks are generally giving producers more time to improve financial health and that spring ‘16 redeterminations could be much tougher without significant commodity price improvement,” said Jonathan Wolff, an analyst with Jeffries, according to SNL.

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Saudi Arabia Oil Prices Oil Russia 150

Green Car Congress

NOVEMBER 20, 2016

One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil how much oil it holds, a closely guarded state secret that has been kept quiet for decades. Saudi Arabia often trades off with Russia—and more recently, with the US—as the world’s largest oil producer.

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Saudi Arabia Oil Oil Prices Russia 150

Get Electric Vehicle

APRIL 18, 2022

Furthermore, unlike coal and oil, it is a clean energy source that produces only water vapor and leaves no residue in the air. Furthermore, if production prices fall by 50% by 2030, as forecasted by the World Hydrogen Council, we will surely be dealing with one of the future fuels. Hydrogen has a long history of working with industry.

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Hydrogen Green Cars India 40

EV Connect

MAY 16, 2022

This article aims to explain why, while analyzing some recent changes in the EV market and the current trajectory of the EV industry, especially in regard to how it compares with that of traditional vehicles. Gas Prices It’s no secret that gas prices in 2022 have become an enormous talking point. But it’s not that easy.

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Electric Vehicles Future Industrial Industry 52

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Sven Thesen, the communication and technology director for Better Place , a start-up that is gaining traction (see this recent New York Times article ) in its effort to create a network for electric cars in various countries, likened the concept of electric cars to cellphones. Oil is the alternative. — Bada Bing 9.

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Grid Green Electric Cars Cars 47

The Truth About Cars

AUGUST 8, 2023

With average fuel prices creeping back up, you’ve undoubtedly seen a slew of articles trying to explain why. & Over the past week, countless media outlets published stories about how oil refineries have had to scale back production targets to contend with exceedingly high temperatures. Russia is also exporting less, he said.

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Price Fuel Oil Climate Change 97